Streetbeat News

Earnings

ANF

Abercrombie & Fitch Co (NYSE:ANF) reported Q1 FY23 sales growth of 3% YoY to $835.99 million, beating analyst estimates of $814.53 million. Adjusted EPS of $0.39 also surpassed the consensus of $(0.05). The company raised its FY23 net sales growth guidance from 1%-3% to 2%-4% and operating margin guidance from 4%-5% to 5%-6%.

Portfolio Pulse from Shivani Kumaresan

May 24, 2023 | 12:23 pm

VFC

V.F. Corporation (NYSE:VFC) reported better-than-expected Q4 earnings of 17 cents per share, beating estimates of 14 cents per share, with sales of $2.74 billion. However, several analysts cut their price targets on the stock following the announcement.

Portfolio Pulse from Lisa Levin

May 24, 2023 | 12:23 pm

XPEV

Xpeng reported worse-than-expected Q1 financial results and issued Q2 revenue guidance below estimates, expecting a year-over-year decrease in Q2 vehicle deliveries.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:22 pm

KSS

Kohl's reported better-than-expected Q1 total revenue results and reaffirmed its FY23 outlook, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:18 pm

PANW

Palo Alto Networks reported better-than-expected Q3 results and issued strong guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:16 pm

URBN

Urban Outfitters reported better-than-expected Q1 results and a decline in inventories, leading to a higher stock price.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:15 pm

NVDA

Nvidia is set to release its Q1 results, with analysts expecting earnings of $0.92 per share, a 32.36% drop YoY but a 4.6% increase sequentially. The chipmaker's revenue may have fallen 21.40% YoY to $6.52 billion. Nvidia's data center business contributes the majority of its revenue, while gaming, professional visualization, and autos are other significant segments.

Portfolio Pulse from Shanthi Rexaline

May 24, 2023 | 12:13 pm

INTU

Intuit shares are trading lower due to worse-than-expected Q3 revenue.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:13 pm

ADI

Analog Devices reported Q2 financial results and issued Q3 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:13 pm

SNOW

Snowflake Inc. (NYSE:SNOW) is expected to report lower Q1 earnings of 5 cents per share, down from 8 cents per share a year ago, with revenues of $608.36 million. Analysts have recently adjusted their price targets for the stock, with varying accuracy rates.

Portfolio Pulse from Lisa Levin

May 24, 2023 | 12:11 pm